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Tactile Systems Technology, Inc. Reports Preliminary Full Year and Fourth Quarter 2019 Revenue Results; Introduces Full Year 2020 Financial Outlook; Announces CEO Intends to Retire in 2020

Tactile Systems Technology, Inc. (TCMD) 
Last tactile systems technology, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.tactilemedical.com/investors
Company Research Source: GlobeNewswire
MINNEAPOLIS, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the treatment of chronic diseases at home, today reported preliminary revenue results for the full year and fourth quarter ended December 31, 2019, introduced revenue expectations for the twelve months ended December 31, 2020 and announced that Gerald R. Mattys has communicated his intention to retire as Chief Executive Officer of the Company in 2020. The Board of Directors has initiated a process to identify a successor for Mr. Mattys and has engaged an executive search firm to support the search. Mr. Mattys plans to continue as the Chief Executive Officer until his successor has started and will assist in ensuring a successful transition. Preliminary Full Year 2019 Revenue Summary: Full year 2019 total revenue is expected to be in the range of $188.4 million to $188.8 million, representing growt Show less Read more
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